Tbc
TBC Bank Group PLC, commonly referred to as TBC, is a leading financial institution headquartered in Georgia (GE). Established in 1992, TBC has grown to become a prominent player in the banking sector, primarily serving the Georgian market while also expanding its operations in neighbouring regions. The bank offers a comprehensive range of services, including retail and corporate banking, investment services, and digital banking solutions, distinguished by their innovative approach and customer-centric focus. TBC has achieved significant milestones, such as being listed on the London Stock Exchange, which underscores its robust market position and commitment to transparency. With a strong emphasis on technology and sustainability, TBC continues to set itself apart in the competitive landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Tbc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tbc's score of 47 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tbc's reported carbon emissions
In 2023, TBC Bank Group, headquartered in Georgia, reported total carbon emissions of approximately 6,103,000 kg CO2e. This figure includes 3,042,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 1,470,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Additionally, Scope 3 emissions accounted for about 1,591,000 kg CO2e, which includes emissions from investments and purchased goods and services. Over the years, TBC has shown a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were approximately 5,170,000 kg CO2e, indicating a rise in emissions in 2023. However, specific reduction targets or initiatives have not been disclosed, and there are no documented climate pledges or SBTi (Science Based Targets initiative) commitments available. TBC Bank's emissions data reflects its operational impact and highlights the need for ongoing efforts in sustainability and carbon management. The bank's emissions trends and lack of formal reduction targets suggest an opportunity for enhanced climate action in the future.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,164,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,260,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 144,000 | 000,000 | 00,000 | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tbc is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
